Cramer Talks Buyout Names

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By Douglas A. McIntyre Published

On today’s STOP TRADING segment on CNBC, Cramer noted potential takeover and rumor names.

He says to Buy Reliance Steel (RS) after it went up today from US Steel (X) acquiring Lone Star (LSS).

GlobalSanta Fe (GSF) is one that may be acquired by Seadrill.  Cramer thinks it is willing to be consolidated. He thinks this one is cheap.

Cramer noted on Tata Motors (TTM) the Indian car maker on the downgrade today, Cramer doesn’t care if Morgan Stanley cut it.  He thinks it is a secular growth story.

RadioShack (RSH) was also noted positively for its CEO.

On Denny’s (DENN), he still thinks it is going up after a value manager noted it earlier today.

Jon C. Ogg
March 29, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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